Another extension for the first-time homebuyer tax credit is in the works.  The U.S. House of Representatives passed the bill Tuesday night, but it's not yet finalized by the Senate and President Obama.

The house passed the extension by an overwhelming majority of 409 to 5 votes.  If the Senate and the President sign off on this bill, first-time homebuyers who are scurrying to close on their house by midnight Wednesday, June 30, 2010, could catch a break.

 
Posted by Rodrigo Aparicio on 06/30/2010 07:30 PM   Comments (2)   Real Estate Market in the Home Buying Channel   real estate news  
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2 Comments on House Passes Homebuyer Tax Credit Extension

JUN
30
2010
291,765 Points 3 Featured Posts Outside Blog

Hopefully they kept all the pork out of this bill so that it will pass this time.  I heard 200,000 buyers were in danger of not closing on time even though they were under contract by the due date.

Thanks for the update!
7:41pm • #1

Exactly !!. I have a buyer in that especific spot... Will be closing tomorrow.

 

Thank you.
Rodrigo
7:57pm • #2


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Rodrigo Aparicio

Goodyear, AZ

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HomeSmart International.

Address: 1715 W Northern Ave #100, Phoenix, AZ, 85021

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